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The Estee Lauder Companies IT Procurement Specialist in Budapest, Hungary

IT Procurement Specialist

Brand: Estée Lauder Companies

Description

The Estée Lauder Companies attracts the most outstanding people from diverse industries and nurtures their talents. Whether they work in one of our stores, on a production line, at our corporate headquarters in New York City or in one of our affiliates worldwide, our employees take pride in their contributions to our success.

Do you want to work for one of the world’s largest luxury beauty brands?

Do you want to work for a company that delivers value to its customers on a daily basis?

Do you want to join a talented, multi-lingual and fun team?

We are looking for

IT Procurement Specialist

to join our team in Budapest!

The role:

The Procurement Specialist is responsible for managing strategic and tactical tasks related to vendor contracts. This role requires a deep understanding of vendor agreements and the ability to extract value through the contract drafting and review process. The specialist will review and revise vendor agreements to ensure that ELC maximizes benefits while minimizing financial expenditure and exposure.

Qualifications

Responsibilities:

  • Review strategic and tactical vendor agreements and revise as necessary to ensure ELC is maximizing benefits while minimizing financial expenditure / exposure. Recommend contract revisions to improve language and reduce gaps/inconsistencies.

  • Perform first line analysis of staff augmentation Transaction Schedules.

  • Execute contract execution process and review executed agreements as part of the contract abstract process.

  • Manage contract approval packages presented by IT Procurement and/or Finance for execution.

  • Oversee vendor tasks/deliverables are being met from a PtP perspective (e.g. documents are presented on time, outstanding credits are received), escalate to manager when necessary.

  • Ensure Business Partners are aware of vendor governance tasks/deliverables which are approaching deadlines and assist where possible.

  • Gather and analyze market data on a regular basis relative to the appropriate category and region to properly gauge and evaluate market and industry conditions applied to determine the sourcing strategy.

  • Manage the relevant supplier interactions and relationship throughout a sourcing project.

  • Develop a solid understanding of regional contracts, supply agreement templates along with thorough understanding of legal concepts.

  • Maintaining agreements database, tracking contracts' expiry dates and assuring the extensions are signed in a due time.

  • Negotiate with suppliers to reach favorable agreements, including prices, delivery schedules, payment terms, and other contractual conditions.

Requirements:

  • 2 to 4 years' experience developing, implementing & managing IT Vendor performance, projects, and relationships.

  • Prior experience managing Procurement Processes.

  • Experience working with geographically dispersed team & customer base.

  • Demonstrated ability to manage multiple vendor partners.

  • Ability to influence & motivate peers & partners.

  • Ability to think communicate effectively.

  • Expertise in MS Excel, PowerPoint, Word, Service NOW.

Job location:

  • Budapest, XI. district - Budapest One office.

  • We are working in a hybrid structure (10 days per month HO provided).

Job: Purchasing/ Procurement/ Materials Management - Supply Chain

Primary Location: Europe, Middle East, Africa-HU-BU-Budapest

Job Type: Standard

Schedule: Full-time

Shift: 1st (Day) Shift

Job Number: 249436

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